Trending Articles

article thumbnail

Nutter Home Loans scores a win in case brought by DOJ

Housing Wire

Former reverse mortgage lender James B. Nutter & Co. , aka Nutter Home Loans , recently scored what an attorney has characterized as a win in a case brought against it by the U.S. Department of Justice (DOJ). The DOJ initially sued Nutter in September 2020 in a federal court in Missouri under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) of 1989 and the False Claims Act (FCA).

Loans 415
article thumbnail

2023 was tough for agents, but they aren’t giving up

Real Estate News

The typical agent had fewer transactions and less income last year, NAR found, but that’s not stopping newcomers from joining — and old pros are doing well.

Agents 169
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The financial strength of US homeowners is a cushion against a downturn

Housing Wire

With the release of the CoreLogic 2024 Q1 Equity Insights report, which Logan discussed last week , and now the FHFA National Mortgage Database Aggregate Statistics , we have a lot of visibility into the financial position of the American homeowner. The important message in the mortgage data is that even as the economy perhaps finally slows and even as mortgage rates stay higher for longer than anyone expected, the housing market remains buoyed by an incredible cushion of very strong borrowers.

Equity 524
article thumbnail

Association leaders ‘emphatically deny’ profiting from MLS sale

Real Estate News

A new statement takes aim at “misinformation and concern” surrounding the proposed sale of REcolorado and provides details on the buyer and his intentions.

MLS 256
article thumbnail

Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

article thumbnail

The Price of Perfection: Don’t Wait for the Perfect Home

Keeping Current Matters

In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn't wise.

Agents 234
article thumbnail

Rapidly growing Real Brokerage surpasses 20K real estate agents

Inman

The publicly traded real estate brokerage reached the milestone on its 10th anniversary and set its sights on a closing-bell celebration at the Nasdaq exchange Tuesday afternoon.

Brokerage 194

More Trending

article thumbnail

Owning Manhattan? How much business SERHANT.’s agents really do

Housing Wire

Since launching in late June, Ryan Serhant’s latest reality TV venture “ Owning Manhattan ” on Netflix , has become quite the phenomenon. Despite debuting on June 28, the show cracked Netflix’s top-10 most streamed shows in the U.S. for the week ending on June 30. The show stars Serhant, who is no stranger to reality TV, having spent a decade starring in Million Dollar Listing New York , among other shows, and several of SERHANT.’s agents and team leaders.

Agents 527
article thumbnail

CoStar pulls high-profile Homes.com ads

Real Estate News

BBB’s ad division sides with Realtor.com challenges to Homes.com traffic claims — the latest twist in the hard-fought battle for the No. 2 spot in home search.

250
250
article thumbnail

Why Your Asking Price Matters Even More Right Now

Keeping Current Matters

If you’re thinking about selling your house, here’s something you really need to know.

252
252
article thumbnail

Lamacchia Realty buys Berkshire Dream Home in Massachusetts

Inman

The deal marks the seventh purchase in 12 months for Massachusetts-based Lamacchia Realty as it signals acquisitions across New England in 2025. "I want to triple that in the next 12," CEO says.

Brokerage 191
article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

article thumbnail

Seattle OKs incentives for developers turning offices into housing

Seattle Times Real Estate

Seattle hopes to spur hundreds of new apartments in what are now empty office buildings, but converting buildings can be expensive and difficult.

article thumbnail

Pandemic boomtowns are still booming, sort of

Real Estate News

Austin, Boise, Phoenix and Salt Lake City home prices soared during Covid, and while gains have slowed, they haven’t “seen anything resembling a price crash.

276
276
article thumbnail

Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008

Keeping Current Matters

Even if you didn't own a home at the time, you probably remember the housing crisis in 2008.

251
251
article thumbnail

Here’s why specialization matters for buyer’s agents

Inman

Developing areas of specialization enhances service, efficiency, and effectiveness and results in greater professional success for both teams and individual agents, coach Verl Workman writes.

Agents 179
article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

article thumbnail

Social Skills: Blogging to Grow Your Real Estate Business

RIS Media

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. In the modern age of social media forms and the storytelling that comes with them, blogging feels like a bit of an outdated form of marketing. This, however,… The post Social Skills: Blogging to Grow Your Real Estate Business appeared first on RISMedia.

Agents 126
article thumbnail

2023 HMDA data: IMBs up to 69% market share

Housing Wire

The latest 2023 Home Mortgage Disclosure Act (HMDA) data is in, and it confirms a few key trend lines for the mortgage industry: there was significantly less interest in mortgage loans in 2023, and fewer banks thought it worth participating in the market. The full dataset from Consumer Financial Protection Bureau (CFPB) and the Federal Financial Institutions Examination Council (FFIEC), includes information from 5,113 financial institutions, which encompass mortgage companies, banks, savings ass

Marketing 403
article thumbnail

New MoxiWorks CEO poised to disrupt real estate tech

Real Estate News

Eric Elfman took the helm at the proptech giant in June and is ready to take on competitors, go deeper with AI and “get back to customer-centricity.

246
246
article thumbnail

Why Moving to a Smaller Home After Retirement Makes Life Easier

Keeping Current Matters

Retirement is a time for relaxation, adventure, and enjoying the things you love.

Equity 199
article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

article thumbnail

Local MLSs are doomed. The case for data consolidation in real estate

Inman

The thing holding many local MLSs in place is a desire for power and control rather than seeking the best for real estate agents and brokers, writes Mainframe Real Estate founder Sean Frank.

Agents 183
article thumbnail

Crest Hardware Is Closing, Property Likely to Be Developed

Brownstoner

We are sad to report that Crest Hardware is closing after 62 years in business. Rumors have been circulating on social media for weeks after tenants said leases were not being renewed. In recent days, customers received a letter from the store announcing its closure. The property will be sold… Read More > The post Crest Hardware Is Closing, Property Likely to Be Developed appeared first on Brownstoner.

article thumbnail

The Fed is winning its war against the labor market. What does that mean for rates?

Housing Wire

With today’s jobs report and all the reports we got during this jobs week, can we finally say the Federal Reserve is winning its war against the labor market? I believe the Fed won’t pivot until the labor market breaks. That has been my position since 2022 and we are starting to see some early signs of them successfully attacking the U.S. labor market in the past few months, something I talked about on a recent HousingWire Daily podcast.

Marketing 503
article thumbnail

Consumers are (slightly) more optimistic about buying a home

Real Estate News

Bucking industry trends, consumer sentiment is at the highest level in more than two years, according to Fannie Mae’s latest survey.

article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

article thumbnail

Housing Sentiment Returns to Plateau from Early 2024

RIS Media

Consumers warmed a little to the housing market this month as Fannie Mae’s Home Purchase Sentiment Index saw an increase back to the plateau it was set at earlier this year. Fannie Mae’s HPSI increased 3.2 points in June to 72.6, rebounding from the dip seen in May, and is 6.6 points compared to the… The post Housing Sentiment Returns to Plateau from Early 2024 appeared first on RISMedia.

Marketing 124
article thumbnail

Mortgage rates retreating from 7% on ‘massive’ revision to jobs report

Inman

After spiking after the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates in September.

Mortgages 196
article thumbnail

Canada Housing Market Forecast Revised for 2024 & 2025

Marco Santarelli

Following another quiet spring and increased levels of supply, the Canadian Real Estate Association (CREA) has scaled back its housing market forecast for 2024 and 2025. Here's a deep dive into what prompted this change and what it means for potential buyers and sellers: Canada Housing Market Forecast Revised Interest Rate Expectations Earlier this year, there were significant expectations that interest rates would be cut, providing relief to the housing market.

Marketing 102
article thumbnail

How to compete and win with your listing presentation (+ scripts)

Housing Wire

In this article, I’ll share close to two decades of experience as a licensed agent and small brokerage owner in Boston to help you compete and win listings with a dynamite listing presentation. As agents, we compete for a finite number of available homes to list and sell. That’s why it’s crucial that you stand out amongst your competitors to get those listings.

Staging 413
article thumbnail

The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

article thumbnail

The Psychology of Real Estate Teams

RIS Media

Real estate teams are favored for their ability to drive business volume, provide specialized knowledge and deliver greater customer service outcomes. They can reward in many ways, from improving client relationships to creating greater efficiencies in processes. But not all teams are created equal and, as the research suggests, higher-performing teams share certain psychological characteristics… The post The Psychology of Real Estate Teams appeared first on RISMedia.

article thumbnail

Kevin Sears opens up about NAR, the DOJ and a hectic year of travel

Inman

In his six months as president, Sears has racked up time in Washington with the DOJ, focused on the trade organization's future and traveled — a lot. He shared his takeaways with Inman ahead of ICLV.

Brokerage 180
article thumbnail

When Will the Housing Market Crash Again?

Marco Santarelli

As the calendar flips to July 2024 , numerous homeowners and potential buyers are keenly observing the housing market. The pressing question on everyone's mind is: Will the housing market crash again, or are we in for a prolonged period of stability? This article delves into the current trends, expert opinions, and economic indicators to provide a comprehensive outlook on the future of the housing market.

Marketing 131
article thumbnail

CoreLogic announces strategic partnership with Earnnest

Housing Wire

Earnest money service Earnnest and CoreLogic are launching a strategic partnership, according to an announcement on Wednesday. Earnnest is joining CoreLogic’s Real Estate Alliance Network, making it CoreLogic’s exclusive provider of escrow management services through its suite of MLS products, which includes Matrix, OneHome , MLS-Touch and Trestle. Through the Earnnest platform, users can securely and efficiently conduct digital transfers of earnest money deposits, eliminating the need for tradi

article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.